Genworth Financial - On your terms
A Better Way to Homeownership

Meet Tim
Meet Tim. Tim is a 32 year old computer programmer who values financial freedom and life balance. Tim is financially sophisticated and has confidence in his long term financial health. Tim is not worried about unexpected expenses or job loss impacting his ability to pay his mortgage.

Tim's Situation:
Last year, Tim looked at reducing his commute time and decided to purchase a home closer to the office. He set a budget and went to work looking for the home within his price range. Once he found a place, he spent some time consulting his mortgage professional to determine how to get the most out of his savings.

Tim's Challenge:
Tim has spent a lot of time doing his homework on the various mortgage options. Tim has 15% of the purchase price saved. Tim is debating whether to put all of it as a down payment or set some of it aside. He knows he can comfortably make the mortgage payments under both options. He also knows that he can easily refinance the house if he needs to make any home renovations down the road.

Tim's Solution:
After careful consideration, Tim decides to put 5% down and leaves the 10% in his investment portfolio. He decides on a 25 year amortization mortgage, knowing he can always renegotiate at a later date. He moves into the house, invites over a couple of friends and considers himself a satisfied homeowner.

Ask your mortgage professional for a Genworth-insured mortgage today,
or call 1-800-511-8888